Adeosun Archives — City Business News

September 15, 2018 No Responses

Adeosun Explains Resignation, Blames Close Associates

Nigeria’s former Minister of Finance, Mrs. Kemi Adeosun, on Friday blamed her resignation on alleged forged National Youth Service Corp (NYSC) exemption certificate. Already, President Muhammadu Buhari has accepted Adeosun’s resignation and wished her well. In a statement signed...

September 12, 2018 No Responses

Nigeria Explains Paris Club Refund To States

The Federal Ministry of Finance on Tuesday provided some clarifications on the Paris Club Refund approved for the 36 States of the Federation. It will be recalled that the issue of Paris Club loan over-deduction had been a long...

April 22, 2018 No Responses

Photo News

L-R: Permanent Secretary in the Federal Ministry of Finance, Dr. Mahmoud Isa-Dutse; Honourable Minister for Finance, Mrs. Kemi Adeosun; Emir of Kano, HRH Alhaji Sanusi Lamido Sanusi and the Managing Director of Infrastructure Development for Africa, Mr. Jimoh ...

April 16, 2018 No Responses

Oando Shareholders Seek Adeosun’s Sack Over Alleged Interference

Shareholders of Oando Plc, at the weekend urged President Muhammadu Buhari to immediately sack the Minister of Finance, Mrs. Kemi Adeosun over alleged “unwholesome interference” in the nation’s capital market and “for unnecessarily meddling” with the...

March 29, 2018 No Responses

FG, States, LGs Share N647.39b

The Easter break as the Federal, State and Local Governments shared the sum of N647.39 billion from the Federation Account. The money was the revenue collection for the month of February 2018 which was approved at the Federation Account Allocation...

October 6, 2017 No Responses

FG releases N100b to Arab Contractors, CCECC, Dantata and Sawoe, others

The proceeds of the N100 billion Sukuk bond has been released by the Federal Government to fund 25 key economic road projects of the Federal Ministry of Power, Works and Housing. Minister of Finance, Mrs. Kemi Adeosun, on Thursday in Abuja, handed...

March 21, 2017 No Responses

Adeosun: FG complied with rules in disbursement of Paris club refunds

The Federal Government has consistently complied with all extant rules and regulations in the disbursement of Paris Club refunds to State Governments, the Minister of Finance, Mrs. Kemi Adeosun, has said. The minister also reaffirmed the commitment of the g...

January 11, 2017 No Responses

FG explains $300m diaspora bond

The Minister of Finance, Mrs Kemi Adeosun, on Tueadsy explained that the $300 million Diaspora bond would be rolled out in March this year. Speaking on Tuesday when the Senior Special Assistant on Foreign Affairs and Diaspora, Mrs Abike Dabiri-Erewa, ...

December 23, 2016 No Responses

Lack of counter-part funds from FG stalls retirees’ benefits

Organized Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has urged the Federal Government to release its counter-part funds to the National Pension Commission (PENCOM) so that thousands of retired Public Servants can be paid....

December 22, 2016 No Responses

Whistle blowers to get 5 % of looted funds

Whistle blowers with credible information are to get 5 per cent of the looted funds when recovered. According to the Federal Government, the programme was designed to encourage anyone with information about a violation, misconduct or improper activity that imp...

September 17, 2016 No Responses

FG to reflate economy with N350B

The Federal Government has announced plan to boost the economy with additional N350 Billlion. According to the Minister of Finance, Mrs Kemi Adeosun, plans are also underway to raise $1 Billion from Euro-Bonds by December, this year. Briefing Journalists....